Teaching BPSC 4.0 बिहार उच्च माध्यमिक शिक्षक भर्ती (PGT) Mock Test General Knowledge Economy Money and Banking
Which one of the following statements with respect to the exchange rate of a currency is not correct?
1
The exchange rate of any currency is determined by the supply and demand for the country’s currency in the international foreign exchange market.
2
World Bank would decide Fixed Exchange rate for each country.
3
One of the most important objectives of the exchange rate is to ensure that the economic fundamentals of the Indian economy are correctly reflected in the external value of the Indian rupee.
4
More than one of the above
5
None of the above